New York City offers something few places in the world can match. Jobs, restaurants, entertainment, shopping, museums, nightlife, and major transportation options are packed into one enormous metropolitan area. But living directly in the city also comes with a price. High housing costs, smaller apartments, crowded streets, busy trains, and...
NYC Public Housing Faces Debate Over New Work Requirements
New York City is facing a debate over how public housing should help low-income residents. A new proposal from the U.S. Department of Housing and Urban Development could allow public housing agencies to introduce work requirements and time limits for some residents. Supporters say the changes could help people find...
Why Buying a Home in New York City Is So Challenging
For anyone trying to buy a home in New York City, it quickly becomes clear that housing prices are extremely high. The city’s five boroughs—Manhattan, Brooklyn, Queens, the Bronx, and Staten Island—contain some of the most expensive neighborhoods in the United States. This high cost makes buying a home a...
10 Most Cost-effective Living Options in Westchester County, NY
Looking for an affordable city to move into in Westchester County? To compile this list, we thoroughly reviewed our recent Best Places to Live issue, annual public school rankings, and additional evaluations from Niche.com. We considered various factors, including median area income, home sale/rental prices, crime rates, teachers, and walkability....
Manhattan Rent Prices Pass $5K as Housing Costs Continue Rising
Finding an apartment in Manhattan is becoming harder and more expensive than ever. Rent prices have now reached record highs, with the median monthly rent climbing above $5,000 for the first time. Many renters are dealing with bidding wars, fewer available apartments, and rising living costs across New York City....
Protecting Yourself from Real Estate and Mortgage Scams
Real estate and mortgage scams are on the rise, with fraudsters constantly devising new ways to take advantage of unsuspecting consumers. In 2021, the Federal Bureau of Investigation's Internet Crime Complaint Center received reports from 11,578 victims regarding incidents of real estate or rental fraud. To avoid becoming a victim,...
The Real Cost of Living: Unpacking New York City’s Rental Price Surge
New York City's rental market is notoriously competitive, characterized by high prices and additional fees that can make finding an apartment a daunting task. As renters navigate this landscape, they face a series of challenges unique to NYC's boroughs and its largest cities, including Buffalo, Rochester, Yonkers, and Syracuse. This...
Step-by-Step Guide to Applying for NYC’s Housing Lottery
Applications are now open for a housing lottery offering 75 rent-stabilized apartments in a newly completed building in Downtown Brooklyn. These apartments are available to households earning between $31,372 and $218,010 annually, depending on the number of people in the household. Monthly rents start as low as $750 for a...
NYC Opens Affordable Housing Lottery With Rents Under $500
New York City has opened a new affordable housing lottery through NYC Housing Connect, the city’s official system for listing income-based apartments. These lotteries give renters a chance to apply for homes that are priced well below market rent. This new listing is getting attention because some of the available...
Unpaid Rent Leads to Deadly Confrontation in the Bronx (VIDEO)
Father dies for unpaid rent. In a tragic event that unfolded in the Bronx, a landlord was arrested after being accused of fatally assaulting one of his tenants. The incident, which occurred over a dispute regarding unpaid rent, happened in the tenant's residence close to the Throgs Neck Expressway. Around...
The Fastest-Growing Cities in New York: Where Real Estate is Booming
New York is growing fast, NY often referred to as the Empire State, is home to the legendary New York City - the epicenter of finance, culture, and entertainment. But while NYC often steals the spotlight, many smaller cities and towns in the state have been experiencing rapid growth and...
How Christmas Tourism Shapes New York’s Real Estate Market
New York doesn’t try to act modest during the Christmas holidays. The city goes all in with lights, markets, shows, and nonstop visitors from around the world. December is one of the busiest months of the year, and that surge of people shapes everything from restaurant lines to short-term rental...